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    China Quickly Losing Appetite For U.S. Debt (U.S. Consumers/Business Further Screwed)

    This is all true, IMO. China could be fucked as well. They are in a lose lose sitauation, as they have based their entire economy on a weak currency peg. It does them no good to weaken the dollar, as they hold a lot of US$ and want to keep yuan weak for exporting. Secondly, if they don't...
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    You guys aren't going to believe me but...

    This isn't exactly new news here. The layoffs are coming and will be coming in a big way in 2009. Unemployment will double in my opinion. Tax revenues will be decimated and goverment spending will be increased, which could end spell the end of the greenback. Luckily we still have the...
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    U.S. companies face $409 billion pension deficit: study

    I would be much more in favor of them using the remaining TARP money for this, than giving it to banks to shore up their balance sheet.
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    As usual Paul Krugman is WRONG on economics

    Go back and look at my post. That's why I said "in my opinion". That's what it is and I stand by it. It's not that I think you would like to see a Soviet style communist goverment in place here in the US, it's that I believe you would like to see an "improved" version of communisim. I do...
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    As usual Paul Krugman is WRONG on economics

    Well smilingsynic shows his true colors. A pro-commie, history revisionist. "We can do communism better than the Soviets" is always the mantra, but it makes you a commie nonetheless in my opinion.
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    Why don't Americans save?

    This is the attitude problem that is keeping you from moving up. My father didn't have any money at your age. The point is that sometimes you have to pay your dues. He kept plugging away, though and was lucky enough to save enough cash for the money that he needed down to get financing, in...
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    California may pay taxpayer income tax refunds in April with IOUs

    It's happening everywhere. These idiots confuse infrastructure with frivolous stuff like water fountains and rec centers.
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    As usual Paul Krugman is WRONG on economics

    Mostly true except the last part. We have all the food.
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    As usual Paul Krugman is WRONG on economics

    He works for the NY Times and he won the Nobel Prize for economics. Case closed.
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    California may pay taxpayer income tax refunds in April with IOUs

    Impossible. That would reduce tax revenues for next year and therefore it would reduce spending..........well maybe not reduce spending.
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    California may pay taxpayer income tax refunds in April with IOUs

    Love Texas! Never lived there, but always liked the spirit and attitude that Texans have.
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    California may pay taxpayer income tax refunds in April with IOUs

    As someone else pointed out, it's totally different. You don't get the money until Cali decides to pay you. Also, it only penalizes the dumbass people that voted in these criminals, in the first place. I could care less, as long as Federal money doesn't go to bailout these jackasses...
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    California may pay taxpayer income tax refunds in April with IOUs

    Californians get crackpot liberal laws imposed because they vote in crackpot liberals. You have to raise taxes when you have budget deficits because you incentivise illegal immigration and homelessness. Fortunately California cannot print their own money, or it would be 10x worse. For...
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    Why don't Americans save?

    You're right, that these types of people exist and are actually quite prevelent. In fact, there is a pretty large segment of the unemployed and those on public assistance that take the exact same view point. They complain that there aren't enough jobs, yet we see illegals flocking here to...
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    Why don't Americans save?

    After reading the entire thread, I have to admit Sandy, that you sound extremely negative and depressed. I don't want to kick you when you're down, but you need a more positive, can-do attitude. I know that sounds a little corny (it does to me too), but good God, every piece of advice that...
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    Why don't Americans save?

    Sanybestdog, First let me say that I empathize with you to some degree. It can be very difficult and challenging to find whatever it is that you are best suited for in the workplace. From reading your posts, you seem like a well intentioned guy, but I can assure you that ONLY YOU will be...
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    44 States....Budget Shortfalls Listing

    What is she supposed to do with the money? The fact is they are rolling in cash due to oil, so I see nothing wrong with sending the money back to the people, as long as you have the cash to do it. The problem is that the Liberal states want to send checks, free health care, college tutition...
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    44 States....Budget Shortfalls Listing

    And yet the Libs will go to their grave saying that oil is the biggest threat to humanity. Fucking laughable. Fight tooth & nail against every single viable energy platform and put all your eggs in the wind/solar basket (which produces virtually no energy and likely won't be viable for decades).
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    Send a 40K check to anyone who makes less than 150K

    Hey just think of all of the manufacturing jobs that will come to the US when our currency is worthless!!!!!!!!!! Maybe we'll all need wheelbarrows but those damn wheelbarrows will be made right here in the good ol' US of A, by American workers.:D
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    Send a 40K check to anyone who makes less than 150K

    Why work? Obama could give everyone a check for $100,000. Every man, woman and child. That would stimulate the economy and those that actually wanted to work, would have no problem finding a job, because most would just walk away from their jobs due to the welfare check. All of the US's...
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